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Attachments: Simple 4 Hour System
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Simple 4 Hour System

  • #61
  • May 26, 2007 5:49pm May 26, 2007 5:49pm
Quoting marketsnipers
The same as 4 hours settings. The chart was an example of how the system works in the daily time frame as in 4H. It was a response to the previous post.
Look the perfect buy signal in gpbjpy.
Attached Image (click to enlarge)
Click to Enlarge Name: gj.jpg Size: 65 KB
Sorry about my english...
  • #62
  • May 26, 2007 7:06pm May 26, 2007 7:06pm
Yes it is.

Quoting CIORIMAU--
Look the perfect buy signal in gpbjpy.
Bullish Attitude!
  • #63
  • May 27, 2007 2:38am May 27, 2007 2:38am
Was there a short entry last week (24May) on EURCHF that probably had been stopped out?
  • #64
  • May 27, 2007 3:54am May 27, 2007 3:54am
Not yet. The stop is at least 50 pips away. There hasn't been a confirmed buy yet for a SAR.

Quoting wallym
Was there a short entry last week (24May) on EURCHF that probably had been stopped out?
Bullish Attitude!
  • #65
  • May 27, 2007 6:28am May 27, 2007 6:28am
Thanks very much Marketsnipers for your system that I have longed for. I have done some preliminary studies in other major pairs, like EURUSD, GBPUSD, your system seems to be working fine too. I am now seeing if there are some other exit methods for SL and TP in different market conditions, though your system itself is pretty alright at the moment. I hope I can have the opportunities for live trade soon. Shall report then.
  • #66
  • May 27, 2007 12:14pm May 27, 2007 12:14pm
Quoting marketsnipers
Not yet. The stop is at least 50 pips away. There hasn't been a confirmed buy yet for a SAR.
what do you do to exit in yours trades?
Sorry about my english...
  • #67
  • May 27, 2007 12:54pm May 27, 2007 12:54pm
You are welcome 9388. Keep us updated.

Quoting mv9388
Thanks very much Marketsnipers for your system that I have longed for. I have done some preliminary studies in other major pairs, like EURUSD, GBPUSD, your system seems to be working fine too. I am now seeing if there are some other exit methods for SL and TP in different market conditions, though your system itself is pretty alright at the moment. I hope I can have the opportunities for live trade soon. Shall report then.
Bullish Attitude!
  • #68
  • May 27, 2007 12:55pm May 27, 2007 12:55pm
1. Stop and Reverse , if a bad trade.
2. Scale the price using 3 positions with different TP.
3. Trail the 3rd position.

Quoting CIORIMAU--
what do you do to exit in yours trades?
Bullish Attitude!
  • #69
  • May 28, 2007 7:42am May 28, 2007 7:42am
marketsniper

can u give a short description of ur trading journey?

how did u discover this strategy for eurchf?

how long have u traded the strat?

can u describe the results?

do u look at the 4hour candle ...returning to the chart each 4 hour u are awake?

as i have mentioned i was short on the 24th move down ...but took a small loss and reversed to long eurchf, did i jump the gun??

damiani is still a puzzle to me...it says trade and green whether i am winning or losing...smile

u seem so disciplined and have such a focus, i certainly appreciate ur sharing this strategy..

i think the strat has a good following...would be great if we could meet on paltalk and work together...anyone interested??

again thx marketsniper...
  • #70
  • May 28, 2007 8:45am May 28, 2007 8:45am
Quoting marketsnipers
I have attached it here again. Please set the weekly pivot and levels to true and everything else to false.
Just wanted to double check, you set "Use Sunday Data" to False also or should that be left true? Thanks
  • #71
  • May 28, 2007 9:21am May 28, 2007 9:21am
False.

Quoting Tw0eleven
Just wanted to double check, you set "Use Sunday Data" to False also or should that be left true? Thanks
Bullish Attitude!
  • #72
  • May 28, 2007 9:21am May 28, 2007 9:21am
I have PMd you.

Quoting farmhand
marketsniper

can u give a short description of ur trading journey?

how did u discover this strategy for eurchf?

how long have u traded the strat?

can u describe the results?

do u look at the 4hour candle ...returning to the chart each 4 hour u are awake?

as i have mentioned i was short on the 24th move down ...but took a small loss and reversed to long eurchf, did i jump the gun??

damiani is still a puzzle to me...it says trade and green whether i am winning or losing...smile

u seem so disciplined and have such a focus, i certainly appreciate ur sharing this strategy..

i think the strat has a good following...would be great if we could meet on paltalk and work together...anyone interested??

again thx marketsniper...
Bullish Attitude!
  • #73
  • May 28, 2007 9:25am May 28, 2007 9:25am
I will answer a couple of them here.

1. The system works on any currency, but I chose eurchf because it isnt news crazy.
2. I have traded this long enough to know it well.
3. No, I wont describe the results. I am not obliged to.
4. Yes, once in 4 hours.
5. There is nothing puzzling about damiani. You can't expect to understand it all at the first glance.
6. Yes, I am focused, but I have my shortcomings like anyone else here. I make mistakes at times and get punished.

Hope that answers a few.

Quoting farmhand
marketsniper

can u give a short description of ur trading journey?

how did u discover this strategy for eurchf?

how long have u traded the strat?

can u describe the results?

do u look at the 4hour candle ...returning to the chart each 4 hour u are awake?

as i have mentioned i was short on the 24th move down ...but took a small loss and reversed to long eurchf, did i jump the gun??

damiani is still a puzzle to me...it says trade and green whether i am winning or losing...smile

u seem so disciplined and have such a focus, i certainly appreciate ur sharing this strategy..

i think the strat has a good following...would be great if we could meet on paltalk and work together...anyone interested??

again thx marketsniper...
Bullish Attitude!
  • #74
  • May 28, 2007 11:24am May 28, 2007 11:24am
Hello eveyrone
Hi Marketsnipers,
im looking at 'Cable' and the price is hovering around 100sma @1.9830 right now.
would you go Long or Short or wait little bit more?
Attached Image (click to enlarge)
Click to Enlarge Name: example3.jpg Size: 67 KB
  • #75
  • May 28, 2007 11:47am May 28, 2007 11:47am
oops that was 1h chart

this is 4h chart and still looking good nonetheless, the price is around 100sma/ macd above 0/ but the voltameter shows big gab and green line is below grey(white) line
Attached Image (click to enlarge)
Click to Enlarge Name: example2.jpg Size: 71 KB
  • #76
  • May 28, 2007 11:47am May 28, 2007 11:47am
1. I do not trade that pair.
2. Your chart is 1H time frame and I trade this system on 4H chart.
3. I do not give trade advise.

Lastly, please read the first couple posts to understand the system better. Reading more than once will definitely help you.


Quoting shYun
Hello eveyrone
Hi Marketsnipers,
im looking at 'Cable' and the price is hovering around 100sma @1.9830 right now.
would you go Long or Short or wait little bit more?
Bullish Attitude!
  • #77
  • May 28, 2007 1:10pm May 28, 2007 1:10pm
Quoting shYun
oops that was 1h chart

this is 4h chart and still looking good nonetheless, the price is around 100sma/ macd above 0/ but the voltameter shows big gab and green line is below grey(white) line
Hi

Volatmeter says do not trade
Regards
  • #78
  • May 28, 2007 1:21pm May 28, 2007 1:21pm
thank you for responding.

ill think 3 times before posting and i think i have to cut down on the systems deployed on my chart. im biting off more than i can chew.

thanks
  • #79
  • May 28, 2007 1:38pm May 28, 2007 1:38pm
I do not trade when the white line is above the green.

Quoting shYun
oops that was 1h chart

this is 4h chart and still looking good nonetheless, the price is around 100sma/ macd above 0/ but the voltameter shows big gab and green line is below grey(white) line
Bullish Attitude!
  • #80
  • May 28, 2007 1:38pm May 28, 2007 1:38pm
No worries. You are welcome.

Quoting shYun
thank you for responding.

ill think 3 times before posting and i think i have to cut down on the systems deployed on my chart. im biting off more than i can chew.

thanks
Bullish Attitude!
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